Midtown Union Phase 1

[Newnan_Eric]

Originally Posted by BlueSangha

I’m pretty sure the unions have worked it out so that the construction workers get time off during the holidays. That having been said I’m highly doubtful this will start this month.

The unions are not that strong here. (With the exception of the Elevator trade and some of the M/E/P trades.)

Most contractors do have some holidays during Thanksgiving, Christmas and New Year. But this is usually only a day or two. Even so, many people take vacation during this time of year, so productivity is down.

However, the main reason not to start a project now is that you are starting the phase of work (sitework, foundations, slabs, structure) that is most susceptible to weather during the wettest, coldest time of year.

[ATLswede]

Originally Posted by skyscraperpage17

Developers do tend to "break ground" at the end of a fiscal year (which is right now for 2018) for tax purposes so they can log the deductions/credits in that year.

That said, "breaking ground" can just mean digging a hole in the ground with a shovel, with no other activity occurring for several months after that (see Opus for example).

So, given the source and taking the aforementioned facts into consideration, a technical groundbreaking this month is definitely plausible, but I would take their information with a grain of salt and not hold my breath for any significant construction until the next year.

FWIW the architect told me last summer that he was "extremely confident" of an October groundbreaking and was treating it as a foregone conclusion. I'm not sure what caused the current delay, but keep in mind that MetLife is self financing this so the biggest hurdle is already cleared. This has to be by far the most likely of any of the "proposed" projects in the hopper to move forward.

[Ant131531]

Originally Posted by ATLswede

FWIW the architect told me last summer that he was "extremely confident" of an October groundbreaking and was treating it as a foregone conclusion. I'm not sure what caused the current delay, but keep in mind that MetLife is self financing this so the biggest hurdle is already cleared. This has to be by far the most likely of any of the "proposed" projects in the hopper to move forward.

I'd say Norfolk Southern is first. I'm very confident that will start construction next year.

[Street Advocate]

One more rendering to add:

[Sura]

Originally Posted by Street Advocate

One more rendering to add:

That parking lot is part of phase 2, right? I think I read that on here.

[Street Advocate]

Originally Posted by Sura

That parking lot is part of phase 2, right? I think I read that on here.

Yep, you can see it being developed in some of the renderings on the first page of this thread.

[AtlHeel]

Originally Posted by Street Advocate

Yep, you can see it being developed in some of the renderings on the first page of this thread.

so they're constructing all three of those in the renderings in the first phase?!

[smArTaLlone]

Originally Posted by AtlHeel

so they're constructing all three of those in the renderings in the first phase?!

That seems to be the plan. Midtown will have two office/hotel/residential projects going up at the same time.

I just realized that this angle has a view of the hotel.


And the ground level site plan. Looking at you Sprouts/TJ's/etc.

[Street Advocate]

Nice addition with the sote plan! I hadn’t seen that yet. A grocery (but especially Sprouts) at this location would be a game changer for midtown. People who live around 5th or piedmont park would be pretty envious, IMO, even with the Whole Foods at 14th.

[jpk1292000]

Has a hotel flag been announced yet?

[smArTaLlone]

Originally Posted by jpk1292000

Has a hotel flag been announced yet?

Not that I'm aware of. I thought I read something on who would be the apartment developer but I couldn't find it.

[Martinman]

That's why it doesn't surprise me that this didn't break ground in the time frame they expected. Having to build residential and hotel at the same time as the office building is a LOT of moving parts to line up before beginning construction.

[jpk1292000]

Originally Posted by Martinman

That's why it doesn't surprise me that this didn't break ground in the time frame they expected. Having to build residential and hotel at the same time as the office building is a LOT of moving parts.

Has an updated ground breaking date been announced?

[Atlriser]

I wasn’t aware they had announced a ground breaking date.

[Martinman]

Originally Posted by jpk1292000

Has an updated ground breaking date been announced?

I was referring to Atlswede's post above. There was also an earlier conversation about this breaking ground in December. I haven't seen anything official from MetLife.

[joecool]

I hope this isn't another Eviva or Opus Place type situation.

[Historic]

Originally Posted by joecool

I hope this isn't another Eviva or Opus Place type situation.

It's not. This is an office projected that is financed/backed by Anthem I think. Opus was based on pre-sales. Eviva had financing issues.

[atlantaguy]

Originally Posted by Historic

It's not. This is an office projected that is financed/backed by Anthem I think. Opus was based on pre-sales. Eviva had financing issues.

Midtown Union is actually self-funded by MetLife.

[Martinman]

Originally Posted by Historic

It's not. This is an office projected that is financed/backed by Anthem I think. Opus was based on pre-sales. Eviva had financing issues.

The Anthem tower is about 10 blocks south of Midtown Union.
https://pbs.twimg.com/media/DL8nR6uX0AAJlKY.jpg

I guess we're doomed to hear about Eviva every time a project doesn't break ground exactly as projected (which almost never happens).

[smArTaLlone]

https://www.loopnet.com/Listing/17th...a-GA/14342549/